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msterdam Corporation prodaces medical grade lsotopes The isotopes are produced in a single continuous process...

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msterdam Corporation prodaces medical grade lsotopes The isotopes are produced in a single continuous process and Amsterdam uses the FIFO process costing method of accounting for production Below is the company's calculation of cost per equivalent unit for September. During September, thr company completed and transferred 12,000 isolopes to finished goods An additional 6,000 anits were still In process at the end of the month. The beginning work in process consisted of 6,000 units that were 50% complete with respect bo direct materials and 40% complete with respect both dements of conversion cost. The ending work in process 30% complete with respect to both elements of conversion cost was 70% complete with respect to direct materials and Prepare a schedulesbowingtheallocation of totalcost schedale sbowing the allocation of total cost between finished goods and ending work in process TOTAL COST DRECT MATERIALSDIRECT LABOR FACTORY OVERHEAD Beginning Work in Process S8s0,000 Cost incurred daring period 200000 487 500 472500 13.950,000 Total cost Equivalent units Costs per equivalent uni 211.36 s 41.91 752.21 109L12 1,30548

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